154, Lyne Road
154, Lyne Road
Description & Estimates
154, Lyne Road, Spennymoor is recorded publicly as an early-century freehold house across 645 ft2 of internal area, sitting on a 239 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 154, Lyne Road, Spennymoor is £75,910 and its rental estimate is £591 per month, given the available information and assuming reasonable condition.
Lyne Road, Spennymoor, DL16 falls within the DL16 postal district.
Our Data Sources
154, Lyne Road, Spennymoor has a single entry in the Land Registry from March 2019 and a single entry in the EPC database dated June 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 154, Lyne Road, Spennymoor, we estimate a market value of £79,705 and a rental value of £621 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £70,596 and £550 per month respectively.
Recent Market Change
Over the last year, 154, Lyne Road, Spennymoor has seen its estimated sale value decrease by £1,039 (1.4%) and its estimated rental value grow by £17 per month (2.9%). This results in an estimated gross rental yield of 9.3%.
Plot Size
HM Land Registry records the plot of land for 154, Lyne Road, Spennymoor as measuring 239 m2.
That makes it the 11th largest plot in the postcode, where 19 of the 32 other houses have recorded plot data.
Energy Efficiency
154, Lyne Road, Spennymoor has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Jun 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 154, Lyne Road, Spennymoor completed on 1st March 2019 at £51,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 130.5% over the period since March 2019.
- Sold Mar 2019£51,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 154, Lyne Road, Spennymoor have sold within a radius of 720 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th October 2023, was 60, Briar Close, Spennymoor, DL16 7EQ, a freehold house which sold for £70,000.
Read more about house prices in DL16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 134 addresses on Lyne Road, Spennymoor, DL16, 154, Lyne Road, Spennymoor comes out as the 105th largest and the 122nd most expensive in our analysis of the public data.
It is also £69k less expensive than the average property across the DL16 district.
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Schools Nearby
- 600mMiddlestone Moor Academy
- 1.2kmRosa Street Primary and Nursery Academy
- 2.0kmKing Street Primary School
- 800mWhitworth Park Academy
- 2.9kmFerryhill School
- 4.5kmKing James I Academy Bishop Auckland
More reading links
Public Transport Nearby
From 154, Lyne Road, Spennymoor, the nearest station is Bishop Auckland, 5.1 kilometres away.
- 5.1kmBishop Auckland
- 7.0kmShildon
- 8.6kmNewton Aycliffe
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
